RM 11-16-79 - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Me ting - November 16, 1979 7. PROGREdS REPORTS a. Mr.1 Brademas continues. The Amet.iean City Cotpotat ion tepo&t continues to estate, "The Sobth Bend Depa&tment o f Redeve..eopment shoutd put the banding on the ma ket immediateZy and v igotourt y s ot•i:e it ,i wtetest A& Cm potentiat deve2opens." This is ptceci�seZy what the South _. Bed Department aj RedeveZopment hats done and there can be no question that the Department has teee ived a pnopozat that is eompteteZy consiztent with the spec 4ic recommendation o4 th4 American City Covotation tepotrt. Today aU t nteZUgent Ametr icans undetr stand the abs otu to ne e/s/s,ity_ aA conveuation o4 energy. This, o6 coutvse, does not mean j uat savings on go s of ine, heating oU of natutcat g . _ It mean, az .impotrtantty, the best utiX,izat:ion o4 the pt pent tesounces that we have. It is etear that a substan- amount o4 energy wou.2d be wasted in the demotition o4 the Odd Fellows Bu i Wng and that it wooed cast the taxpayeu u accts o4 one- quaxten mU..Uon dottax6 which wou-d be an o '.oht Zozls . ed on cu. v ent conttucct on costs, to teptaee the same 73 000 �squaLe feet o4 space in the Odd 1=ettows Binding cobtd wed apptcoach a total PA $7 mitt ion. On the othetc hand, it is c2e aty jeas.ibte, as we have documented in out pn posat, to comptetety tenovate the Odd 1=eUow6 Bu- tding in tine with the tecommendat.ion a4 the American City Catpo- t "on tepatt, Got apptcax imatet y one -th trd that east. In the city o4 Mishawaka., we have just tceeenfi2y completed the ttenovation o f the otd Wootwotrth Bu itding containing some 18,000 �squatze fleet, which renovation was eantr ied out in apritoximatety a,90 day peJri.od. This renovation was done {got welt under $15.00 pet square foot .inctud.ing heating, ai& conditioning, new bui ding Monts, tighting, catcpeting, etc. We pnapoze to .invest over $30.00 pet squa&e {soot in the )Lena- v ` "on o � the Odd FeUows Bu i td%ng . O renovation of the Wootwotrth Su tding ptovided the oppat tun4ty jot thte.e new bws.inesz ens to go into bus.ina s in the city and one existing bevs.inaz to expand substantiaUy. Tb thet existing buz ine�sz and thous e potent iat new bwsines s e3 had been joheed to kind space in a new buitding at the tate�s thct must be commanded with canttuction casts today )Leach- .in $90.00 pen squatce 400t, none a4 these buts.inazes wowed ha e been able to expand of to have statcted bus.inesa . In the same vein with the Odd 1=eUows BuUAng, to teak it down would deny an oppatrtuw{ty Oat many .6maUet bws.ine&s 4itms, who wowed have a tsttcong a44in-ity 4ot a downtown Zo ation, to Zocate in this area. We have demonttated with -29-